Metrics

  • citations in SCIndeks: [2]
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:1
  • full-text downloads in 30 days:0

Contents

article: 1 from 1  
Target costing for the purpose of generic strategies' realization
Univeristy of Niš, Faculty of Economy

emailljilja.antic@eknfak.ni.ac.rs, ljilja.antic@eknfak.ni.ac.rs
Project:
Improving competitiveness of public and private sector by networking competences in the process of european integrations of Serbia (MESTD - 179066)

Keywords: strategy; differentiation; focus; product-level target costing; component-level target costing
Abstract
A highly competitive market creates the need for constant search for the ways in which the companies could create and offer products with unique features and at a lower price than it would be the case with the competition. Competitive advantage and better market position depend on the choice of appropriate strategy. Companies are in a position to select some generic strategies. The concept of target costing is a part of the strategic process of cost management and company management. It is based on the attempts to create low-cost product by managing costs in the phase preceding the production phase, without endangering the product's functionality and usefulness for the buyers. Therefore, this concept offers a solid information basis for the realization of generic strategies of a company.
References
Cooper, R., Slagmulder, R. (2002) Target costing for new-product development: Component-level target costing. Journal of Cost Management, Sep/Oct
Cooper, R. (2002) Target costing for new-product development: Product level target costing. Journal of Cost Management, May/Jun
Cooper, R., Slagmulder, R. (1997) Target costing and value engineering. Portland: Portland Press
Cooper, R. (2002) Target costing for new-product development: Product-level target costing. Journal of Cost Management, July/Aug
Hilton, R.W. (2008) Managerial accounting. Boston: McGraw-Hill/Irwin
Horngren, C.T., Foster, G., Datar, S.M. (2003) Cost accounting: A managerial emphasis. Englewood Cliffs, NJ: Prentice Hall, tenth edition
Kolter, M. (2010) Strategijski menadžment na delu četvrto izdanje. Beograd: Data status
Malinić, S.D. (2003) Target costing i konkurentske strategije. Ekonomske teme, vol. 41, br. 5, str. 15-24
Novićević, B., Antić, Lj., Sekulić, V. (2006) Troškovi kao faktor sticanja i održanja konkurentskih prednosti. Niš: Ekonomski fakultet
Novićević, B., Antić, L. (2000) Novi koncept upravljanja troškovima - obračun ciljnog troška. Računovodstvo, vol. 45, br. 9, str. 13-20
Porter, M.E. (1985) The competitive advantage of nations. New York: The Free Press
Sekerez, V. (2007) Koncept upravljanja troškovima kroz lanac snabdevanja. in: XXXVI simpozijuma Saveza računovođa i revizora Srbije, Računovodstvo i poslovne finansije u savremenim uslovima poslovanja - stanje i perspektive
 

About

article language: English
document type: unclassified
published in SCIndeks: 12/01/2012

Related records